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Kohl's Corp. Message Board

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  • MINCE38 MINCE38 Jan 8, 2009 4:51 PM Flag

    How do after christmas sales look?

    Lets forget the numbers that came out today boys. Thats the past. What is the traffic in their stores now!!!? To me, the only thing keeping these lower end retailers alive is cheap gas. If gas goes back over $3 a gallon.....goodnight! Lower class income people have an extra 50 or 60 to spend each month if gas stays this cheap. But it wont, and we all know that. FYI I am short Macys and JC penney and yes, kohls too at the close today. If Im wrong I will reshort 2 weeks before the next earnings on these 3. Tiiiiiiiiiiiiiimber. This could be just a january rally. No fundamentals here.

 
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